Paxum: EFT to Australian bank accounts now impossible
Just a warning to Aussie webmasters that Paxum have stopped EFT withdrawals to Australian bank accounts.
I did notice that they've gone through a couple of different third party money movers in the past few months, based on the descriptor in my statement:
3 Oct: RTGS HIGH VALUE PAYMENT REF NO xxxxx 1/Mifinity UK Lim DEK-CO (UK) LTD payout
15 Sep: DEPOSIT CITADEL COMMERCE xxxxx
I wasn't sure whether the change was simple risk management, spreading transactions over multiple money moving companies, or whether the change was because they had been dumped by Citadel... I guess now it seems it's the latter.
I'm starting to wonder whether these third party companies even know they're doing business with an adult processor.
The whole setup just screams dodgy. Things haven't improved since the days of epass.
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